Friday, May 21, 2010

Samsung: Investment on R&D

From the Financial Times:

"Samsung Electronics yesterday unveiled a Won26,000bn ($23bn) investment plan, its biggest to date, as the world’s largest technology company by sales looks to cement its leadership in semiconductors and flat panel displays.

The total investment for this year, which includes Won8,000bn (~$7bn) for research and development, ...

Samsung’s spending this year will be bigger than the combined investments of Intel, IBM and Sony, according to Bloomberg data."